849 N Granite Street, Gilbert, AZ 85234, Gilbert, 85234 - 4 bed, 2 bath
Loading property details...
Gilbert, AZ 85234
This Single-Family Residence is a Strong Value Opportunity, listed at $535,000—positioned well below the $589,986 Fair Market Value by 9%. This valuation gap offers $54,986 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with a 2022 HVAC system and Granite Kitchen. Located in a No HOA community near top-rated schools like Patterson Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 849 N Granite Street Subject | $524,999* List Price | 4 | 2 | 1,949 | $272 | - |
A 1542 E Stanford Avenue Sold | $535,000 | 4 | 3 | 2,152 | $249 | 0.1 mi |
B 309 N WESTPORT Drive Sold | $465,000 | 4 | 2 | 1,783 | $261 | 1.0 mi |
C 1881 E COMMERCE Avenue Sold | $625,000 | 4 | 2 | 2,112 | $296 | 0.8 mi |
D 1217 N SAILORS Way Sold | $680,000 | 4 | 2 | 2,231 | $305 | 0.5 mi |
E 1034 E ENCINAS Avenue Sold | $520,000 | 3 | 2 | 1,486 | $350 | 0.5 mi |
F 1067 N PLYMOUTH Court Sold | $492,000 List Price | 3 | 2 | 1,836 | 0.8 mi | |
G 1125 E ARTESIAN Way Sold | $655,000 | 4 | 3 | 1,902 | $344 | 1.0 mi |
H 1143 E HARBOR VIEW Drive Sold | $490,000 | 5 | 3 | 2,134 | $230 | 0.9 mi |
I 1699 E OLIVE Avenue Pending | $558,000 List Price | 4 | 3 | 1,997 | $279 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1991 (33 years old), it has undergone significant recent renovations that elevate it from the 'Fair' or 'Poor' categories. Key updates include a new HVAC system installed in 2022, fresh interior and exterior paint, and new flooring. The kitchen has been modernized with granite countertops and painted cabinetry, making the property fully move-in ready and well-maintained.
The absence of a Homeowners Association provides homeowners with rare freedom from monthly fees and restrictive rules, making it ideal for those with RVs, trailers, or a desire for property autonomy.
The property features a newer air conditioning system installed in 2022, along with fresh interior and exterior paint, significantly reducing immediate maintenance costs for the buyer.
Ideally situated near Downtown Gilbert and Freestone Park, the home offers exceptional access to high-end dining, entertainment, and major commuting corridors.
The assigned public schools carry moderate ratings (5-6 range), which may be a consideration for families specifically seeking the top-tier academic districts Gilbert is known for.
While cosmetically updated, the 1991 construction suggests that original major components not mentioned as replaced, such as the roof or windows, may be approaching the end of their functional lifespan.
Welcome home to this beautifully updated single-level home in the heart of Gilbert with NO HOA! 4 bedrooms, 2 baths, vaulted ceilings, & 2-car garage, this move-in ready home combines comfort, convenience, & location. Recent updates include fresh interior & exterior paint, updated flooring & landscaping, plus a newer air conditioner installed in 2022. The spacious kitchen features granite countertops, painted cabinets & breakfast nook with/charming bay window. Ideally located just minutes from Downtown Gilbert, shopping, dining, entertainment, and Freestone Park, with easy freeway access for commuting throughout the Valley. This well-maintained home offers the perfect blend of established neighborhood charm & everyday convenience. Be sure to add this one to your must-see list!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 0.4 mi
Grades 7-8 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,949 | - |
| Lot Size | 6,599 | - |
| Price | $525.0K | $554.5K |
| Price per sq ft | $269 | $287 |
| Built year | 1991 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 2717 |
Jul 12, 2026
$524,999
$535,000
-2% Price Drop
Initial Listing
Jun 25, 2026
$535,000
Initial Listing